Hinsdale County, Colorado
Income Data
At a Glance
How Hinsdale County Compares
Detailed Income Statistics
Data Story
About Household Income in Hinsdale County, Colorado
Hinsdale lags national income norm
Hinsdale County's median household income of $64,327 falls $10,428 below the national median of $74,755. This 14% gap reflects the county's rural character and limited employment diversity outside mining and outdoor recreation.
Below Colorado's state average
Hinsdale County's median household income is $10,465 below Colorado's state average of $74,792, placing it in the lower-middle tier of state counties. The county's small, dispersed population and limited economic base constrain earning potential.
Rural mountain income challenges
Hinsdale's $64,327 median lags nearby Gunnison County ($77,358) and Gilpin County ($88,654), though it exceeds more isolated counties. Limited job diversity and seasonal employment patterns in this high-altitude county create income constraints.
Housing costs stretch budgets
With a rent-to-income ratio of 20.5%, housing takes a significant portion of Hinsdale incomes, consuming one in five earnings dollars. The median home value of $438,800 represents a considerable financial commitment relative to household earnings.
Prioritize financial stability first
Hinsdale households should focus on building emergency reserves before aggressive investing, given income volatility in rural areas. Consider diverse income streams and remote work opportunities to supplement primary employment earnings.
Frequently Asked Questions
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County median: $64,327 per year
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.